Ethereum and Solana Price Alert!!!
Ethereum remains the top altcoin, being the first altcoin to receive ETF approval. Following that, Solana also got approval, and many other altcoins like LTC and XRP are aiming for similar recognition to help their growth. Currently, Ethereum is seeing significant investment, with $1 billion flowing into it, which could drive its price to $3,400 today, provided Bitcoin holds above $100k.
However, there’s a potential downside for Bitcoin. In a recent interview, Trump didn’t share any views on Bitcoin or crypto. This lack of discussion may signal a shift in government priorities, potentially leading to a drop in Bitcoin’s value, possibly breaking the $100k support level and falling below $97k.
Solana is currently the third-largest altcoin in the market, ranking fourth overall. It has recently surpassed USDT, reaching a market cap of $150 billion. Despite a market downturn, Solana has surged in value, climbing from $168 to $295 in just a few days. This growth is linked to Trump Coin, which is built on the Solana blockchain and saw a massive $40 billion influx in just three days, strengthening Solana's position. After this, attention shifted to Trump’s inauguration, where he had promised to prioritize crypto—but unexpectedly, he didn't mention it, causing a significant market downturn, including for Solana.
Currently, Solana is priced above $240 and remains in a bullish zone. With some support from Bitcoin, Solana could potentially reach $350.
There’s been a lot of recent activity from the Crypto Pro president, and their silence has created some uncertainty, with the fear index sitting at 60% and the greed index at 40%, which isn’t ideal for the market.
Be prepared for anything, and thank you for your time!
#ETHProspects #Trump47thPresident #solana #ETH #ETH 🔥🔥🔥🔥🔥🔥 $ETH